The acquisition gives Eaton a portfolio of thermal-management products designed to control excess heat from data centers or in other applications across the industrial and aerospace sectors.
Author: Richard Clough
Tesla Recalls Cybertruck a 10th Time in Less Than 2 Years
The latest recall of 6,197 Cybertrucks is due to a potential issue with the installation of an off-road light bar accessory that could detach and increase the risk of a collision.
Tesla Recalls 13,000 EVs Over Risk of Battery Power Loss
The problem stems from a faulty battery pack connection part, which can lead to loss of propulsion without warning, Tesla said in documents posted to NHTSA’s website.
TrueCar to Go Private in $227 Million Buyout Led by Founder
Scott Painter, who started TrueCar in 2005 and took the company public, will return as CEO after the transaction closes.
CSX CEO Joe Hinrichs Abruptly Departs
CSX named Steve Angel as its new CEO as the railroad faces pressure from an activist investor and rising competitive challenges.
NHTSA Investigates Rivian Delivery Vans Over Seat Belts
In multiple instances, the steel braided cable connecting the belt to the seat frame has frayed or broken.
NHTSA Investigates Tesla Door Handle Failures
Safety agency cites incidents in which exterior door handles stopped working and trapped children inside.
CPKC Not Interested in Merger, Warns of Risks
The statement comes about a month after rival Union Pacific agreed to acquire Norfolk Southern in a cash-and-stock transaction valuing the company at about $72 billion.
NHTSA Investigates Tesla Over Delayed Crash Reporting
Delays of “several months or more” were noted in reporting crashes involving driver-assistance technology.
Ford Recalls 700,000 Vehicles Over Issue That Caused Fires
Ford is recalling almost 700,000 vehicles to address a long-running issue over cracking in an auto part that can leak fuel into the engine and cause fires.
